By Andrew Gray and Andrew MacAskill BRUSSELS/LONDON (Reuters) -Britain and the European Union have agreed to work towards a deal that would make it easier for young people to live and work across the continent as part of a wide-ranging reset of relations, according to a document seen by Reuters on Monday. The so-called “balanced …
UK and EU agree to work towards youth mobility deal, document shows Read More »
MOSCOW (Reuters) -A Russian court has ordered the recovery of almost 15 billion roubles ($185 million) from Belgium’s Euroclear in a lawsuit filed by First Asset Management, the former division of Russia’s largest lender Sberbank confirmed on Monday. International sanctions against Moscow over the Ukraine conflict have blocked many Russian investors’ access to securities held …
Russian court orders recovery of around $185 million from Euroclear Read More »
PARIS (Reuters) – Flights were disrupted on Monday at Paris-Orly airport although the situation was improving one day after an air traffic control system breakdown caused the cancellation and delays of hundreds of flights. On Sunday afternoon, France’s civil aviation regulator (DGAC) had asked airlines to reduce flights by 15% on Monday — compared to …
Air traffic breakdown disrupts Paris-Orly airport for second day Read More »
(Reuters) -Citroen has appointed Xavier Chardon as its new CEO, the brand’s owner Stellantis said on Monday, as the group’s search for its own top executive nears completion. The French-Italian owner of the Jeep and Peugeot brands is choosing who will lead it through one of the industry’s most tumultuous periods, after its former CEO …
Citroen appoints Xavier Chardon as CEO, Koskas to leave company Read More »
BRUSSELS (Reuters) -The euro zone economy will grow more slowly this year and next because of the trade war started by the United States and uncertainty over when and how it will end, the European Commission said on Monday. In a forecast for the 27 countries of the European Union and the 20 countries sharing …
EU executive cuts euro zone growth forecasts because of U.S. trade war Read More »
By Stephen Nellis and Max A. Cherney SAN FRANCISCO/TAIPEI (Reuters) -Qualcomm on Monday said it will make custom data center central processing units, or CPUs, that use technology from Nvidia to connect to Nvidia’s artificial intelligence chips. Nvidia’s chips are dominant in the AI market but always paired with CPUs, a market traditionally dominated by Intel …
Qualcomm to make data center processors that connect to Nvidia chips Read More »
By Nick Carey LONDON (Reuters) -Slovak startup InoBat plans to launch a battery designed for military drones and unmanned aerial systems, it said on Monday, as it responds to an upsurge in European defence spending. The company will start producing the E10 cell in September and is in “in early-stage collaboration with selected European drone …
Slovak startup InoBat launches battery for military drones Read More »
By Nora Buli OSLO (Reuters) -Norway has launched the first part of its long-awaited inaugural floating wind tender, it said on Monday, offering subsidies to the winners despite the challenges faced by the global offshore wind industry. The industry has grappled with skyrocketing costs, higher interest rates and supply chain bottlenecks, prompting governments to halt …
(Reuters) -The electrical interconnector between France and Britain, ElecLink, will be suspended for two weeks until June 2 due to a slight misalignment of the cable, Channel tunnel operator Getlink said on Monday. The issue was detected in a limited area outside the tunnel in Britain, Getlink said in a statement, estimating the commercial impact …
France-UK electrical interconnector suspended until June 2, Channel tunnel operator says Read More »
By Nell Mackenzie LONDON (Reuters) -A former senior employee is suing the hedge fund he worked for, claiming bullying and unfair dismissal, in a case that is being heard by a London employment tribunal. Jacopo Moretti is seeking damages from DL and Partners, its star manager Davide Leone, and four other directors of the hedge …
Former senior employee brings unfair dismissal case against London-based hedge fund Read More »
